3 (also spline curve) Mathematics A continuous curve constructed so as to pass through a given set of points and have a certain number of continuous derivatives. Example sentences. 1  The data was therefore fit nonparametrically to a smooth curve using the Dierckx algorithm for cubic spline curve fitting.
Definition of Unearned Revenue in Accounting. Unearned revenue is the same thing as deferred revenue. In accounting, unearned revenue is a liability. It is a liability because even though a company has received payment from the customer, the money is potentially refundable and thus not yet recognized as revenue.
because it is needed to be earned, that's why it is liability Let me clarify this answer a bit more. The reason unearned revenue is a liability is because you owe somethingâ¦ in return for the cash received. Say a customer pays you for $500 worth of watches and you plan to ship the watches the following month. You have the money for the watches, but you have not supplied the watches yet.